Cramer Shares His Thoughts On Boeing, General Electric And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said to a viewer he is right to buy Boeing Co (NYSE: BA). He likes it because American Airlines Group Inc (NASDAQ: AAL) got some money from the government, airlines are able to test people before they get on a plane and masks work in planes.
It's not General Electric Company's (NYSE: GE) year, said Cramer. It has a very good turnaround plan, but it's not ready yet, he added. This time next year, it's going to be a much better stock, but a lot of people aren't that patient.
Cramer feels like he had his call with Rocket Companies Inc (NYSE: RKT) and he is now ready to move on. He explained that there are a lot of people with short positions because they don't like the ownership structure.
RedHill Biopharma Ltd (NASDAQ: RDHL) is a smart Israeli company, but Cramer would rather own Royalty Pharma plc (NASDAQ: RPRX).
Cramer is worried about Walgreens Boots Alliance Inc (NASDAQ: WBA) because its prescription drug side and the front of the store are under attack. He doesn't know what could make it trade higher.
Instead of Illumina, Inc. (NASDAQ: ILMN), Cramer would rather buy Thermo Fisher Scientific Inc. (NYSE: TMO) and Danaher Corporation (NYSE: DHR).
Cramer likes Ping Identity Holding Corp (NYSE: PING).
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